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OANDA Prop Trader Reviews 481

TrustScore 3.5 out of 5

3.5

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Review summary

Created with AI, based on recent reviews

Considering 325 reviews, most reviewers were somewhat happy with their experience overall. Many customers appreciate the stable and easy-to-use platform, finding the trading experience reliable with smooth order execution. Reviewers often highlight the responsive customer service and fast payout process as significant positives, with some noting quick transfers to their OANDA accounts. However, some people were dissatisfied with slow response times and delays in account verification and payout processing. A few customers also mentioned issues with unclear rules and unexpected account terminations, leading to frustration regarding customer support and the overall user experience.

What people talk about most

Payment

Reviewers highlight ambiguous aspects of payment. While some customers report impressively fast payouts, with... See more

Response time

Clients share ambiguous opinions on response times. Many customers report significant delays in receiving... See more

Customer service

Consumers find customer service experiences to be ambiguous. Many reviewers express dissatisfaction with... See more

Service

People report ambiguous experiences with service. Many customers express significant dissatisfaction, citing... See more

User experience

Users describe ambiguous interactions with user experience. Many reviewers praise the platform's stability,... See more

Reviews shaping this summary

Rated 4 out of 5 stars

My experience trading with Oanda Prop Trader (OPT) has been quite good and comfortable; the support team is also very dedicated. I know they have only recently entered the Funded Trading sector, so th... See more

Rated 4 out of 5 stars

Hi ! My experience with OANDA Prop Trader has been excellent. The platform is stable, transparent, and easy to use. Trading rules are clear, and the overall process feels professional and fair. I am v... See more

Company replied

Rated 3 out of 5 stars

Honestly still not able to give a rating. I have passed my two step challenge. And an email have been received for the funded account. But until now, still unable to perform any orders on MT5 for my f... See more

Company replied

Rated 4 out of 5 stars

I am very satisfied with the Oanda Prop service and have successfully requested two payouts. The platform itself is excellent, earning a strong recommendation. However, I encountered two minor issues... See more


Company details

  1. Alternative Financial Service
  2. Educational Institution
  3. Finance Broker

About OANDA Prop Trader

Written by the company

About OANDA Prop Trader

The OANDA Prop Trader Program offers traders an exciting opportunity to trade with larger amounts of virtual capital and advanced tools. Traders can get a share in the profits they earn for up to 90%. To ensure commitment to excellence and success, traders must complete a two-step challenge that showcases their ability to generate profits and manage risk effectively.

OANDA Prop Trader is operated by OANDA Assessments (Limited), a trusted entity registered in Valletta, Malta (Company Registration Number: C 106331).

To learn more about the challenges, please visit this link.


Why OANDA Prop Trader

OANDA has been the trusted partner for smart traders for over 25 years – and counting. We are a fully regulated, globally recognized broker with regulatory licenses in eight jurisdictions.

We have claimed top honors at the TradingView Broker Awards, four years in a row, including being named Broker of the Year in 2023.

Supported by brokerage infrastructure for trade execution, deeper liquidity pools and high reporting standards, OANDA Prop Trader is well poised to promote sustainability in the prop trading industry.


What you can expect from us

  • Human Support - Our service is responsive and dependable 24hr.
  • Advanced Tools - Access to a plethora of resources from education, market analyses, to trading tools.
  • Security & reliability - Your payouts are safe, and secure.



Smarter trading with reduced spreads

Written by the company

OANDA Prop Trader offers industry-beating core pricing with spreads starting from 0.0 pips in FX and 0.1 in Gold with a commission of just US$7 per round lot.

Contact info

Be a part of our community

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3.5

Average

TrustScore 3.5 out of 5

481 reviews

5-star
4-star
3-star
2-star
1-star

Replied to 92% of negative reviews

Typically replies within 2 weeks

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Rated 1 out of 5 stars

Stay away from this prop firm - Support is down the drain

Stay away from this prop firm. The support is way below expectation and dont get con because they carry the name "Oanda"
My issue - Cant connect to MT5. Sending few emails with no response .. and online can only talk to idoit Bot and no option provided to connect to human agent

Update : I've provided my a/c no and email contact. Yet, I still dont get anyone contacting me .... That show how shitty their support is.... So stay away please !!!

19 November 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Henry,

Thank you for bringing your MT5 issue connection to our attention. We recommend ensuring you maintain a stable internet connection during trading. You may also want to try trading via the MT5 desktop application.

We’re sorry you’ve not been able to get through to us, we’ve requested more information through Trustpilot and look forward to hearing from you.

Thanks,
OANDA Prop Trader Team

Rated 5 out of 5 stars

They pay on time

They pay on time, very reputable

19 November 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

That's great to hear Nguyen Huu Thang, thank you!

All the best,

OANDA Prop Trader team

Rated 4 out of 5 stars

Legit firm but slightly delayed payouts

Oanda prop trader is good firm and they have very good challenges also great spreads but their payout system kind of frustrating because you can only have bank withdrawals and have to wait around week or 2 to get the payment most of time else this firm is really good , hope they introduce some new payout system

19 November 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Thanks for the review, Sandeepa Nishamal! We’re pleased you found your prop experience with us to be 'really good.' We appreciate the feedback regarding bank withdrawal times and are always working on ways to streamline our processes. We appreciate your patience as we grow!

All the best,

OANDA Prop Trader team

Rated 5 out of 5 stars

The prop firm is very good except the…

The prop firm is very good except the payout waiting time. For the other, all things are excellent. Good customer supports, trusted prop firm.

19 November 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Thank you for your kind words. We’re glad to hear that your experience was good and you got the support you needed. We really appreciate your recommendation!

All the best,

OANDA Prop Trader team

Rated 3 out of 5 stars
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi there,

Our verification process may take some time, but it is essential to maintain strict integrity for a secure and fair trading environment. We appreciate your patience during the document review. You will be notified by email once the process is complete. If you have questions or need clarification, please contact our team at support-proptrader@oanda.com.

Thanks,

OANDA Prop Trader team

Rated 4 out of 5 stars

I am very satisfied with the Oanda Prop…

I am very satisfied with the Oanda Prop service and have successfully requested two payouts. The platform itself is excellent, earning a strong recommendation. However, I encountered two minor issues that prevent a perfect 5-star rating at this time: the processing period for my second payout took longer than expected, and I was charged twice for the associated fees. With these issues resolved, I believe this prop firm has the potential to go far, and I look forward to giving a 5-star rating in the near future. Please open for crypto payout option too.

30 September 2025
Rated 5 out of 5 stars

Trust Prop Firm

Everything runs smoothly.

I already passed phase 2 of a classic account, registered an OGM Landing Account and received a funded account.

Thank you to the support team for all of your assistance

5 September 2025
Rated 5 out of 5 stars

OANDA is a great prop firm to take the challenges

OANDA is a great prop firm with fair pricing, fast order execution, and very low spreads. Trades are filled smoothly with almost no slippage. The MT5 platform is stable and easy to use, and the web dashboard is clear and well-designed. Overall, a reliable and professional 5-star choice.

11 November 2025
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Reply from OANDA Prop Trader

Hi David! Thank you for this great 5-star review and for sharing your experience! 🙌

We’re delighted to hear that you're happy with our pricing, execution and dashboard - this means a lot to the whole team.

Wishing you continued success on your trading journey,
The OANDA Prop Trader team

Rated 3 out of 5 stars

Declining any pending account upgrades and future participation in OPT program

I am sure OPT is not a scammer and it is good prop firm compare to others like FTMO, the5ers...etc..coz OPT providing good spread of gold and just 5% for both phases to pass your challenge and get funded account.

But I do not understand why I have passed my Classic Challenge and got signal provider account already, and on 31 Oct 2025 I got my first payout of USD1771 in my OGM account, I was doing the same thing for my trading of gold, but on 6 November 2025 I got email saying:
(We are writing to you today regarding a recent review of your account.

Following a thorough assessment, we have identified that your trading activity was found to be in violation of the rules outlined in our program agreement.)



Due to this policy violation, we are required to take the following actions:

Breaching all associated Signal Provider accounts and/or Challenges.
Declining any pending account upgrades and future participation in our program
You remain eligible to request any withdrawable profits, which will be processed in accordance with our payout policy.

As a courtesy, we are refunding your challenge fee.

6 November 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Moon Sun Eddie Chan,

We want to assure you that termination is a serious step, taken only after a rigorous and comprehensive review of a client's trading history, patterns, and adherence to our risk management policies. This process is necessary to ensure a secure and sustainable environment for all our traders.

While this termination decision is difficult, we ensure every account goes through an extensive review and that all users are given a fair outcome. We are firmly committed to maintaining a secure and sustainable environment for all our traders.

All the best,

The OANDA Prop Trader team

Rated 1 out of 5 stars

Bad experience in opt.

I have been ban forever, no more challenge in future. Dissapointed. I bought 4 50k-boost accounts, total paid for about 1300. Just few days ago Friday, opt team breached all my challenge acounts. Then I lost total 1300 challenge fee. I think opt is can't wait to get my money to go, I feel so its so disrespectful to me.

31 October 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi KenHo, thank you for sharing your specific concerns regarding your account termination. We understand how frustrating and disappointing it is to have your Signal Provider account terminated.

We want to assure you that termination is a serious step, taken only after a rigorous and comprehensive review of a client's trading history, patterns, and adherence to our risk management policies. This process is necessary to ensure a secure and sustainable environment for all our traders.

While this termination decision is difficult, we ensure every account goes through a comprehensive review and that all users are given a fair outcome. We are firmly committed to maintaining a secure and sustainable environment for all our traders.

All the best,

The OANDA Prop Trader team

Rated 5 out of 5 stars

Reputable

Reputable, as they are broker doing unfair bussiness would cost much more. I think they are and will be good

3 November 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Thank you so much for the 5-star review, Nguyen! 🙌 It's great to hear about your positive experience.

We appreciate your support and wish you continued success in your trading journey!

The OANDA Prop Trader team

Rated 5 out of 5 stars

So far I have no problem with them

Very fast response

6 November 2025
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi there!
Thank you so much for the 5-star review! 🙌 We’re happy to hear that your trading experience with OANDA Prop Trader went smoothly.

We appreciate your trust and support!

The OANDA Prop Trader team

Rated 4 out of 5 stars

Good news they have updated there sever

I my name is Maurice and Account #45302 and Since my last review I have seen improvement now I can place a trade on meta trader 5 .thanks oanda for getting the mete trader 5 sever working. I will be more than happy to give an update on my experience with Oanda Prop trader.

31 October 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Maurice,

That's excellent news! We're very happy to hear that your issue with MetaTrader 5 has been resolved and that you are pleased with your experience with OANDA Prop Trader. 🌟

We appreciate you sharing your feedback and look forward to supporting your continued, smooth trading journey!

Thanks again,

The OANDA Prop Trader Team

Rated 1 out of 5 stars

SCAMM

SCAMM! i win the prop challenge in 1 week and they dont want me to open the acccount. more than 3 week waiting. DONT TRUST SCAMMER. the custom service is a joke,

31 October 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Hugui Doria Ruoti.

Thank you for sharing your feedback. We are genuinely sorry to hear that your experience didn't meet your expectations and that you're currently feeling frustrated with our service.

To ensure we can address and fix the right issue, could you please share more information? We've sent you a request for more information. Once we hear back, we will investigate your experience and work to resolve this for you.

All the best,

The OANDA Prop Trader team

Rated 5 out of 5 stars

Big thanks to the OANDA Prop Trader…

Big thanks to the OANDA Prop Trader team! My payout just hit my bank — super fast and smooth process. 💸 Highly recommend OANDA for anyone looking to start their prop trading journey. 💯🔥

30 October 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Thank you for the great feedback and the 5-star review! 🌟 We're so glad you're happy with your experience and that you got your payout. We truly value your support and wish you more trading success! 🔥

Rated 1 out of 5 stars

TERRIBLE PROP! RUNAWAY!

I have a provider account, I have to reinstall my mt5 but now Im not getting successful to login in my provider account, only in my another evaluation account, I send many emails but Oanda only reply instructions how to login, another question I have a payout of only 320 usd and OANDA dont verify my account to withdrawal by wire, I try to withdrawal by Skrill and Neteller and my payouts are denied, I send email and OANDA say I not deposit by this method, of course Prop Account doesnt permit this action. 2 weeks and I not get withdrawal and not allowed to login in my account. Terrible prop, runaway...

20 October 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi Francisco.

Thank you for sharing your feedback. We are genuinely sorry to hear that your experience didn't meet your expectations and that you're currently feeling frustrated with our service.

To ensure we can address and fix the right issue, could you please share more information? We've just sent you a request for more information. Once we hear back, we will investigate your experience and work to resolve this for you.

Rated 1 out of 5 stars

This is a very disappointing company

This is a very disappointing company. After passing my evaluation on September 28, I waited for more than two weeks and still couldn’t access my trading account. Then, on October 17—before my account was even activated—the company canceled my previous discounted order without any prior notice.

For a new and inexperienced member, it’s only reasonable to first confirm that the evaluated account can be successfully activated before proceeding to pay for other test accounts, isn’t it?

What’s worse, today (October 22), the company sent me a warning email threatening to close my account within seven days if I don’t start trading immediately.

These actions have caused frustration and led to trading violations that resulted in my account being closed. It now seems the company profits through such tactics. I am already preparing to switch to another platform.

I strongly advise anyone considering joining to think twice—choosing another company might be the wiser decision.

22 October 2025
Unprompted review
OANDA Prop Trader logo

Reply from OANDA Prop Trader

Hi 期靈王

Thank you for bringing your experience and concerns regarding your prop experience to our attention. We absolutely recognize how frustrating it is to face account closure after passing the Challenge.

Addressing Your Feedback
1) Account Access & Reminders: The Signal Provider is notified via email once their account is approved. We also send automated reminder emails about the inactivity period to your registered email. We always recommend checking your spam or junk folders immediately if the initial activation email isn't visible.

2)Order Status and Promotions: Regarding discounted or promotional orders, we need to ensure fairness and adherence to the specific offer's terms. Unfortunately, if the promotional period expires before the purchase is finalized, the offer may no longer be available.

Our team is here to support you every step of the way, if you have further queries, please reach out to support-proptrader@oanda.com

We wish you the very best in your future trading career!

OANDA Prop Trader Team

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